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What is the present value of mary project

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Reference no: EM131565579

Question: The project steering committee is considering which project they should invest capital in. Mary's project promises to be worth $175,000 in four years. The project steering committee is interested in Mary's project, but they would like to know the present value of the return if the interest rate is 6 percent. What is the present value of Mary's project?

Reference no: EM131565579

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